Gold, Copper Slip as Powell Dashes Fed Pivot Hopes
Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private
Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold
Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked
Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA
U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week
Oil prices rise as weaker dollar offsets China COVID-19 concerns
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73
TURBULENCE IN THE BOND MARKET: WHAT DOES IT MEAN FOR INVESTORS?
Risk-reward is looking favourable for investors as absolute yields have risen considerably over the past six months and now give a reasonable safety cushion to absorb mark to market volatility Year 2022 is proving to be yet another year dominated by unprecedented events
NSE Adds These State-Owned Biggies Under F&O Ban List on Oct 27
Two stocks have been placed under the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Oct 27, 2022. The two stocks under the F&O ban list on Thursday include the state-owned leading engineering and manufacturing giant Bharat
Sensex in Green As Street Resumes Trading: Nifty Metal Shines, Bond Yields Ease
The domestic market made a positive opening on Thursday as traders returned to the Street after a day’s off on Wednesday, tracking positive cues from global markets, especially as Asian equities traded in the green during the pre-opening session An easing US dollar
Oil prices rise on supply woes
Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China Brent crude futures rose
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